Frontlines

Deck: 
<b>Never before have investors known less about what their company is up to. </b>
Fortnightly Magazine - July 15 2000
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Frontlines

What's a Utility?

Never before have investors known less about what their company is up to.

How many different types of "utility" companies can you name? Which ones would you trust the most to double or triple your investment nest egg? Which ones make you nervous?

In their latest memo to clients and "friends of the firm," lawyers Dan Fessler, Doug Hawes, and the rest of the crew at LeBoeuf, Lamb, Greene & MacRae identify no less than a half a dozen. They see the industry trying out such strategies as:

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